The MPC’s inaction today in the face of a torrent of dreadful news on the economy underlines the extent to which its hands are tied by the current strength of inflation pressures. There is little it can do to prevent the economy from sliding towards recession.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services